There have been significant changes to the regulations surrounding artificial intelligence (AI) on a global scale. New measures from governments worldwide are coming online, including the United States (U.S.) government’s...more
8/27/2024
/ Artificial Intelligence ,
Compliance ,
Compliance Monitoring ,
Department of Justice (DOJ) ,
Ethics ,
EU ,
European Commission ,
Executive Orders ,
Federal Trade Commission (FTC) ,
Information Governance ,
Machine Learning ,
Regulatory Agenda ,
Risk Assessment ,
Transparency ,
UK Competition and Markets Authority (CMA)
Amid a period of recalibration, the artificial intelligence industry is experiencing a transformational phase.
According to a recent report from Stanford’s Institute for Human-Centered Artificial Intelligence that closely...more
5/21/2024
/ Acquisitions ,
Algorithms ,
Artificial Intelligence ,
California Consumer Privacy Act (CCPA) ,
Compliance ,
Copyright ,
Data Collection ,
Data Privacy ,
Due Diligence ,
Ethics ,
General Data Protection Regulation (GDPR) ,
Health Insurance Portability and Accountability Act (HIPAA) ,
Investment ,
Popular ,
Purchase Agreement ,
Startups
In our ever-changing technological environment, artificial intelligence (AI) is beginning to exert its influence on numerous sectors, revolutionizing our approach to work. As businesses and organizations worldwide adopt...more
10/12/2023
/ Anti-Discrimination Policies ,
Artificial Intelligence ,
Automated Decision Systems (ADS) ,
Bias ,
Biotechnology ,
Compliance ,
Confidential Information ,
Discrimination ,
Due Diligence ,
Equal Employment Opportunity Commission (EEOC) ,
Federal Trade Commission (FTC) ,
Insurance Industry ,
Intellectual Property Protection ,
Investors ,
Machine Learning ,
Misrepresentation ,
New Guidance ,
Patents ,
Personal Data ,
Purchase Agreement ,
Risk Management ,
Risk Mitigation ,
Startups ,
Strict Product Liability ,
Transparency ,
Venture Capital
If artificial intelligence (AI) is the vehicle that will revolutionize health care, data is the fuel that will propel the revolution. Health AI startups have recognized an unprecedented opportunity to create a transformative...more
9/15/2023
/ Artificial Intelligence ,
Change of Control ,
Collaboration ,
Contract Term ,
Data Protection ,
Health Insurance Portability and Accountability Act (HIPAA) ,
Health Technology ,
Healthcare ,
Hospitals ,
License Renewals ,
Medical Devices ,
Pharmaceutical Industry ,
Pricing ,
Regulatory Requirements ,
Startups
In the rapidly evolving world of artificial intelligence (AI), one development stands out for its transformative potential: the rise of generative AI tools. Many major technology companies are building the large language...more
7/18/2023
/ Artificial Intelligence ,
Bias ,
Confidentiality Policies ,
Employment Discrimination ,
General Data Protection Regulation (GDPR) ,
Insurance Industry ,
Intellectual Property Protection ,
Machine Learning ,
Misrepresentation ,
Personal Data ,
Popular ,
Quality Control Plan ,
Risk Management ,
Strict Product Liability
Allocation of equity is one of the first and most significant topics that arises when forming a company. In fact, how founders split their equity in the initial stages essentially determines who will control the major...more
The sale of a company can be a complex and challenging process and it requires the careful consideration of many factors. It is the responsibility of the company’s directors to ensure that the best interests of the company...more
Before founders can kick-start operations, bring in customers, or engage investors, they are advised to create a legal entity to pursue such milestones. Establishing a legal entity serves several key purposes: the founder can...more
Secretary of the Treasury Janet L. Yellen, Federal Reserve Board Chair Jerome H. Powell, and Federal Deposit Insurance Corporation (FDIC) Chairman Martin J. Gruenberg issued a joint statement this evening approving actions...more
In recent years, companies specializing in artificial intelligence (AI) technologies have been increasingly coveted acquisition targets. With the AI field transforming our approaches to key issues – from climate change to...more
Bearing the Bear Market: Article 2
The funding environment for emerging companies has fundamentally shifted in 2022 for both venture capital and IPOs, particularly after a banner year in 2021. Whether these headwinds...more
9/7/2022
/ Coronavirus/COVID-19 ,
Debt ,
Fiduciary Duty ,
Fraud ,
Funding ,
Grants ,
Initial Public Offering (IPO) ,
Insolvency ,
Loans ,
Revenue ,
SaaS ,
SBA Lending Programs ,
Tax Credits ,
Venture Capital
The coronavirus (also known as COVID-19) has now been documented in more than 100 countries and territories. As the coronavirus outbreak continues to wreak havoc on markets and industries in the U.S. and around the world,...more
3/18/2020
/ Business Disruption ,
Business Travel ,
Coronavirus/COVID-19 ,
Cybersecurity ,
Force Majeure Clause ,
Infectious Diseases ,
Insurance Contracts ,
Manufacturers ,
Material Adverse Change Clauses (MACs) ,
Remote Working ,
Risk Management ,
Risk Mitigation ,
Suppliers ,
Supply Chain ,
Supply Contracts ,
Technology Sector ,
Workplace Safety
Welcome to Foley & Lardner’s Technology MarketTrends newsletter. In each issue, we will offer insights into the latest tech developments and best practices. This edition covers the esports and video gaming sectors....more
6/21/2019
/ China ,
eSports ,
Gaming ,
Global Market ,
Online Gaming ,
South Korea ,
Sports Betting ,
Startups ,
Technology Sector ,
Venture Capital ,
Video Games ,
Virtual Reality
On Wednesday May 31st, the Boston Foley & Lardner office hosted the third installment of the Boston/New England IoT Meetup series. The Internet of Things (IoT) focuses on the vast network of devices connected to the internet,...more
Founders are often focused on maintaining at least 51% ownership of their companies. With 51%, they will be able to control the Company, and their destiny. At least that’s what they thought. In reality, the 51% control...more
Over the course of our “Why Start-Ups Use Convertible Debt” series, we’ve discussed the two common paths start-up companies take to structure a financing. In Part I, we discussed common stock financing and in Part II, we...more
In Part I of our “Why Start-Ups Use Convertible Debt” series, we discussed one of the typical start-up financing structures, the sale of common stock, along with the issues that should be considered when setting a valuation....more
Most start-up companies turn to friends, family and/or high net worth individuals as the first source of capital to fund their operations. Banks will not lend to these companies since there are no real assets to collateralize...more